Food News

Key Points: Hershey plans to increase candy prices by double digits due to unprecedented cocoa costs affecting top brands. The price hikes are unrelated to tariffs or trade policies. Although cocoa prices have decreased from record highs, they remain elevated…

Key Points: Consumer sentiment in July reached its highest level in five months, with pessimism for the short-term business outlook easing and expectations for inflation in a year falling to 4.4% from 5%, according to the University of Michigan. Household…

Key Points: Insight: Coca-Cola is known for using sugar in its cola products, with some countries like Mexico using sugar in their Coke. The company imports Mexican Coke to the U.S. for consumers who prefer the taste or see sugar…

Key Points: The U.S. has imposed a 17.09% import duty on tomatoes from Mexico after ending a 2019 agreement that suspended the antidumping levy, according to the Commerce Department. The duty is based on the percentage by which Mexican tomatoes…

Summary: PepsiCo is introducing prebiotic versions of its classic soda to attract more consumers to the Pepsi brand. The new sodas, available in traditional Cola and Cherry Vanilla flavors, will be released online this fall and in stores by early…

Key Takeaways: FMI – The Food Industry Association is advocating for revisions to the Food Traceability Rule, citing it as one of the most burdensome regulations facing the industry. In a letter to the Department of Health and Human Services…

Key Points: Diageo CEO Debra Crew has stepped down “by mutual agreement” after two years overseeing the maker of Guinness and Johnnie Walker. The London-based company said its board has started a search for Crew’s replacement and will consider internal…

Private brands continue to play a significant role for grocers, despite experiencing a shift in consumer perception, according to a recent study by Dunnhumby. In April, the importance of private brand quality to consumers saw a slight increase compared to…

Leftovers is our look at a few of the product ideas popping up everywhere. Some are intriguing, some sound amazing, and some are the kinds of ideas we would never dream of. We can’t write about everything that we get…

PepsiCo’s Strategy to Offer Healthier Versions of Popular Brands PepsiCo is making significant changes to some of its popular brands to cater to the growing demand for healthier options. The company plans to introduce versions of Cheetos and other well-known…